CNOOC Makes UK North Sea Gas Discovery
January 28, 2019
CNOOC Limited Announced a New Discovery in UK North Sea
EON NRG Ltd (ICRMF) Quarterly Activity Report Q4-18
January 28, 2019
EON NRG Ltd (ICRMF) Quarterly Activity Report Q4-18
TSX Venture Exchange Stock Maintenance Bulletins
January 28, 2019
TSX Venture Exchange Stock Maintenance Bulletins
Ellipse Global Lodge and Quahada RV Park Opens for Business
January 28, 2019
Ellipse Global Lodge and Quahada RV Park Opens for Business
U.S. To Become Net Energy Exporter in 2020, Years Ahead of Schedule
January 28, 2019
LNG Exports, falling oil imports break 66-year pattern The EIA has released its Annual Energy Outlook, examining major trends in energy in America through 2050. Perhaps the most significant projection made by the EIA in this year’s AEO regards the country’s trade in oil and gas. The U.S. is expected to become a net energy exporter by 2020, a major
U.S. Sanctions Venezuela’s PDVSA
January 28, 2019
Move cuts off Venezuela’s main cash source The U.S. government announced sanctions on Venezuela’s PDVSA today, marking a major increase in the administration’s pressure campaign against Maduro’s regime. While the U.S. has sanctioned many individuals involved in Venezuela’s government, it has historically been reluctant to directly sanction PDVSA. This reluctance is largely because, despite the diplomatic hostility between the two
Crude oil production from Mexico’s Pemex up slightly in December
January 28, 2019
From Reuters Crude production from state-owned oil company Pemex averaged 1.71 million barrels per day (bpd) in December, up 0.8 percent compared to output the previous month, according to company data published on Friday. Despite the monthly uptick, December production levels are among the lowest on record dating back several decades for the struggling Mexican oil giant. The firm’s crude
Exxon OK’s project to Create U.S.’s Largest Refinery: Reuters
January 28, 2019
From Reuters Exxon Mobil Corp has given final approval to an expansion that would nearly double the size of its 365,000 barrel-per-day (bpd) Beaumont, Texas, refinery, making it the largest in the United States, said two people familiar with the company’s plans. The largest U.S. oil producer, which has been considering a third processing unit at the plant since at
Oil Dips Most in a Month as China Slowdown Signals Demand Drop
January 28, 2019
From Bloomberg Crude skidded to its worst loss in a month as disappointing corporate profit forecasts stoked concern about the economy, bruising a market already anxious about booming American oil supplies. Futures dropped 3.2 percent in New York on Monday, joining a slide in equities after microchip-maker Nvidia Corp. and heavy-equipment giant Caterpillar Inc. warned of slowing growth in China and elsewhere. Saudi
Saudis Pledge Deeper Oil Cuts in February Under OPEC+ Deal
January 28, 2019
From Bloomberg Saudi Arabia expects to reduce oil output once again in February and pump for six months at levels “well below” the production limit it accepted under OPEC’s oil-cuts accord, Energy Minister Khalid Al-Falih said. The world’s biggest exporter targeted production of 10.2 million barrels a day in January and is aiming to pump about 10.1 million in February,
Chevron to buy Texas refinery from Brazil’s Petrobras: Reuters
January 28, 2019
From Reuters Chevron Corp has agreed to buy a Texas oil refinery with a troubled past and space to handle a coming flow of shale from its West Texas operations, two sources familiar with negotiations said on Monday. The U.S. oil major is expected to disclose the deal to acquire a 112,000 barrel-per-day (bpd) refinery in Pasadena, Texas, this quarter,
Hawaiian Electric Industries, Inc. To Announce Fourth Quarter And Year-End 2018 Earnings And 2019 EPS Guidance On February 15, 2019; American Savings Bank To Announce 2018 Earnings On January 30, 2019
January 28, 2019
Hawaiian Electric Industries, Inc. To Announce Fourth Quarter And Year-End 2018 Earnings And 2019 EPS Guidance On February 15, 2019; American Savings Bank To Announce 2018 Earnings On January 30, 2019
